$BTC

The mid-December period is typically a time of low liquidity, as many investors and institutions close their financial positions to take profits or settle annual tax budgets, making the market more susceptible to sharp fluctuations even with moderate sell orders.

In summary: the market is undergoing a "cleanup" phase of high leverage positions and a redistribution of assets from old investors

BTC

87,095.06

-0.92%

to new ones, amidst a cautious global economic environment$